Annual report pursuant to Section 13 and 15(d)

Fair Value (Tables)

v3.20.4
Fair Value (Tables)
 12 Months Ended
Dec. 31, 2020
Fair Value Disclosures [Abstract]  
Carrying and Fair Value Amounts
Carrying and Fair Value Amounts
  Level within Fair Value Hierarchy December 31, 2020 December 31, 2019
Carrying Amount (1)
Fair Value
Carrying Amount (1)
Fair Value
Financial Assets:
Cash and cash equivalents Level 1 $ 99,596,907  $ 99,596,907  $ 120,863,643  $ 120,863,643 
Financing notes receivable (Note 5) Level 3 1,209,736  1,209,736  1,235,000  1,235,000 
Financial Liabilities:
Secured credit facilities Level 2 $ —  $ —  $ 33,785,930  $ 33,785,930 
7.00% Unsecured convertible senior notes
 Level 1 —  —  2,084,178  2,820,832 
5.875% Unsecured convertible senior notes
 Level 2 115,008,130  84,409,292  116,239,318  122,508,000 
(1) The carrying value of debt balances are presented net of unamortized original issuance discount and debt issuance costs.